Oaktree Closes Opportunities Fund XI at $16 Billion
To date, the Fund has invested or committed to invest approximately 70% of its capital in an attractive mix of opportunities that are diversified across geographies, sectors and asset classes. This swift pace of investment has been made possible by the strategy’s all-weather, broad, and flexible investment charter that allows the Opportunities group to consider the most attractive public and private investments worldwide. Today, private opportunities offer a compelling risk/reward profile, and the Fund has invested in these in several attractive ways, including: (i) providing capital solutions, negotiated on an exclusive basis, to borrowers whose access to funding is limited; (ii) investing in out-of-favor industries; and (iii) creating platforms with superior management teams capable of exploiting undervalued, niche, or dislocation-driven opportunities.
Opportunistic credit has been a core investment focus for Oaktree since its inception over 25 years ago, when the firm was a pioneer in distressed debt investing. Formerly known as “Distressed Opportunities,” the Global Opportunities strategy officially changed its name to better reflect how its investment style has evolved and expanded over almost three decades. Its mandate has broadened to include more geographies, and its approach has become increasingly flexible. Consequently, the strategy’s most recent vintages sought to capitalize on opportunities in markets that look very different from those present 25 years ago.
“Oaktree has a long track record of navigating and investing through economic cycles. This latest oversubscribed fund is further validation of our investors’ confidence in our team,” said
“We’re proud to have built a truly global team that is well positioned to capitalize on a wide array of investment opportunities in the most important economic regions around the world,” said
Oaktree is a leader among global investment managers specializing in alternative investments, with
Oaktree’s Global Opportunities strategy, an industry leader since its inception over 25 years ago, combines extensive experience in distressed bank debt, defaulted securities and bankruptcy situations with expertise in valuing companies and assets. The dedicated team of over 40 professionals has diverse backgrounds in portfolio management, law, accounting, consulting, valuation and banking. The Global Opportunities strategy’s assets under management totaled